ICICI Prudential Nifty IT Index Fund Direct Growth

ICICI Prudential Nifty IT Index Fund Direct Growth

Equity

ICICI Mutual Fund

Index Funds

Get the latest NAV of ICICI Prudential Nifty IT Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.90

▲0.8%1D

NAV as on 20 Aug 2026

2.18%/per year

Since Inception

Absolute Gain%

▲▼

2387 people have invested ₹ 2Cr in ICICI Prudential Nifty IT Index Fund in the last three months

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ICICI Prudential Nifty IT Index Fund
-
453Cr
0.22%
-12.51%
1.81%
-0.44
1.00
-0.03
-0.03
-3.83
UTI Nifty200 Momentum 30 Index Fund
-
8,438Cr
1.18%
0.34%
12.89%
-0.32
1.00
0.34
0.48
-1.68
Motilal Oswal Nifty India Defence Index Fund
-
5,177Cr
0.51%
27.08%
-
--
--
--
--
--
Motilal Oswal Nifty Midcap 150 Index Fund
-
3,911Cr
0.32%
9.05%
18.44%
-0.19
1.00
0.68
1.05
-3.82
See all

ICICI Prudential Nifty IT Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Nifty IT Index Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

Large cap
81.6%
Mid cap
18.4%
Large Cap allocation has gone down from 82.7% to 81.6%
Large Cap allocation has gone down from 82.7% to 81.6%
Mid Cap allocation has gone up from 17.2% to 18.4%
Mid Cap allocation has gone up from 17.2% to 18.4%
Cash allocation has gone down from 0.2% to 0.1%
Cash allocation has gone down from 0.2% to 0.1%

ICICI Prudential Nifty IT Index Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Tech
100%

Top Sector in July was Tech

Jul'26

Tech

100%

Jun'26

Tech

100%

ICICI Prudential Nifty IT Index Fund Holdings Details

as on (31-Jul-26)

Holdings
Weight%
1M Change
Infosys Ltd
29.21%
1.7%
Tata Consultancy Services Ltd
20.28%
1.7%
HCL Technologies Ltd
11.92%
1.7%
Tech Mahindra Ltd
10.84%
1.7%
Persistent Systems Ltd
6.23%
1.7%
See all
Top Stocks bought last month
Coforge Ltd's allocation increased from 5.24% to 6.19%
Coforge Ltd's allocation increased from 5.24% to 6.19%
HCL Technologies Ltd's allocation increased from 11.14% to 11.92%
HCL Technologies Ltd's allocation increased from 11.14% to 11.92%
Persistent Systems Ltd's allocation increased from 5.7% to 6.23%
Persistent Systems Ltd's allocation increased from 5.7% to 6.23%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 30.36 % to 29.21 %
Infosys Ltd's allocation decreased from 30.36 % to 29.21 %
Tata Consultancy Services Ltd's allocation decreased from 20.44 % to 20.28 %
Tata Consultancy Services Ltd's allocation decreased from 20.44 % to 20.28 %
Wipro Ltd's allocation decreased from 5.93 % to 5.14 %
Wipro Ltd's allocation decreased from 5.93 % to 5.14 %

ICICI Prudential Nifty IT Index Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.22%
Benchmark
Nifty IT TR INR
AUM₹453 Cr
Inception Date18 August, 2022
Min Lumpsum/SIP₹1,000/₹1,000
Exit Load0%
Lock InNo Lock-in
TurnOver
37.12%
Risk
Risk meter
pointer
Very High Risk

About ICICI Prudential Nifty IT Index Fund

ICICI Prudential Nifty IT Index Fund Direct Growth is an equity fund. This fund was started on 18 August, 2022. The fund is managed by Venus Ahuja, Ajaykumar Solanki, Ashwini Shinde, Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty IT Index Fund has ₹453 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

ICICI Prudential Nifty IT Index Fund has given a CAGR return of 2.18% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -12.51% and 1.81% respectively.

Holdings

ICICI Prudential Nifty IT Index Fund has allocated its funds majorly in Cash Equivalent, Tech. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, HCL Technologies Ltd, Tech Mahindra Ltd, Persistent Systems Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ICICI Prudential Nifty IT Index Fund

The objective of the Scheme is to invest in companies whose securities are included in Nifty IT Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty IT Index in the same weightage that they represent in Nifty IT Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. ICICI Prudential Nifty IT Index Fund has no lock in period.

Fund Manager

Venus Ahuja

Fund Manager of ICICI Prudential Nifty IT Index Fund, since 1 November 2025

Ajaykumar Solanki

Fund Manager of ICICI Prudential Nifty IT Index Fund, since 1 February 2024

Ashwini Shinde

Fund Manager of ICICI Prudential Nifty IT Index Fund, since 18 December 2024

Nishit Patel

Fund Manager of ICICI Prudential Nifty IT Index Fund, since 18 August 2022

Learn more about ICICI Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 452.7 Cr
₹ 379.3 Cr
₹ 438.6 Cr
  • AUM of the fund stands at 452.7 Cr as of Jul'26
  • AUM increased by 73.4 Cr between Jul'26 and Jun'26

Frequently Asked Questions for ICICI Prudential Nifty IT Index Fund Direct Growth

How do I invest in ICICI Prudential Nifty IT Index Fund?

INDmoney makes it simple to invest in the ICICI Prudential Nifty IT Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Nifty IT Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ICICI Prudential Nifty IT Index Fund?

The NAV of the fund today is ₹10.90. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Nifty IT Index Fund fund has generated a return of -12.51% in 1 year, 1.81% in 3 years

Who is the fund manager of ICICI Prudential Nifty IT Index Fund?

The fund managers are Venus Ahuja, Ajaykumar Solanki, Ashwini Shinde, Nishit Patel.

What is the expense ratio of the fund?

The expense ratio is 0.22%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹453 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Nifty IT Index Fund?

The top 3 holdings of the fund are Infosys Ltd(29.21%), Tata Consultancy Services Ltd(20.28%), HCL Technologies Ltd(11.92%)